$979,900
Active

3000 PENELOPE LOOP

KISSIMMEE, FL 34746 — COVE AT STOREY LAKE 4
9 Beds
5 Baths
4,707 sqft
0.13 acres
Built 2022

About This Property

Similar but smaller homes in the community are making revenue of over $200k per year. This home is not being rented in order to sell the home. Welcome to this stunning single-family home in the sought-after community of The Cove at Storey Lake in Kissimmee, FL. Built in 2022 and very lightly used, this home was only recently introduced to a short-term rental program and is in exceptional condition. With 9 bedrooms, 5 full bathrooms, and $138,000 in high-quality furniture and custom theming—added in 2022 and still like new—this property offers a perfect blend of luxury, comfort, and entertainment. Set on a prime corner lot with no rear or side neighbors, the home provides ultimate privacy and breathtaking conservation and water views. The outdoor area is a true oasis, featuring a screen-enclosed pool and spa where you can relax while taking in the serene surroundings. Inside, the home is a masterpiece of design and fun! Themed bedrooms and entertainment spaces create unforgettable experiences for all ages. Children will love the Princess Bedroom, the Mickey Mouse Clubhouse Room complete with double bunk beds and a slide, and the Jurassic World Room. The Marvel-themed game room loft offers hours of family fun, while the Star Wars theater room provides an out-of-this-world movie experience. Adults will appreciate the tasteful, elegant décor in several bedrooms designed for relaxation. The open-concept living area is ideal for gatherings, with a modern kitchen featuring granite countertops, high-end appliances, and plenty of storage. The space seamlessly connects to the dining and living areas, all illuminated by abundant natural light from large windows and sliding glass doors. Beyond the home itself, The Cove at Storey Lake is a top-tier community offering incredible amenities in two separate locations. Residents and guests enjoy a resort-style pool, water park, lazy river, fitness center, basketball and tennis courts, and a clubhouse. Located just minutes from Orlando's world-famous theme parks, shopping, dining, and entertainment, this home is not only a private sanctuary but also an excellent investment opportunity. Whether you're looking for a second home or a vacation rental property, this is your chance to own a piece of paradise in one of Florida's most desirable destinations. Although the current owner has only recently submitted the home into a STR program, the home has seen outstanding revenue ytd and projects a strong finish to 2025 and already has bookings going into 2026 that is all transferrable if using the current mgmt company which only charges 10% of gross revenue. **Schedule your private tour today and see firsthand what makes this property truly extraordinary!**

Property Details

Basics

Property Type
Residential
Property Subtype
Single Family Residence
MLS Number
S5135658
Days on Market
130
Year Built
2022
Levels
Two
Additional Rooms
Den/Library/Office,Great Room,Loft
Direction Faces
Southeast
Occupant Type
Tenant

Size & Structure

Living Area
4,707 sqft
Total Area
4,738 sqft
Lot Size
0.13 acres
Lot Sq Ft
5,663 sqft
Bedrooms
9
Full Baths
5
Stories
2

Interior

Flooring
Carpet, Ceramic Tile
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Interior Features
Built-in Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Laundry
Inside
Furnished
Furnished
A/C
Central Air
Heating
Central, Electric

Exterior & Lot

Exterior Features
Lighting, Sidewalk
Construction
Block, Stucco
Roof
Shingle
Foundation
Slab
Lot Features
Corner Lot, Cul-De-Sac, Landscaped, Sidewalk, Private
View
Pool, Trees/Woods, Water

Water & Pool

Water View
Creek
Pool
Yes — Heated, In Ground, Lighting

Community & HOA

HOA
Yes
HOA Fee
$294/Monthly
HOA Amenities
Cable TV, Clubhouse, Fitness Center, Gated, Park, Playground, Pool, Security, Tennis Court(s), Trail(s)
Community Features
Clubhouse, Deed Restrictions, Dog Park, Fitness Center, Gated Community - Guard, Gated Community - No Guard, Park, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s)
Pets Allowed
Yes

Utilities & Systems

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected
Cooling
Central Air
Heating
Central, Electric
Flood Zone
ae

Financial

List Price
$979,900
Annual Taxes
$13,451
Tax Year
2024
Listing Terms
Assumable, Cash, Conventional, VA Loan
Special Conditions
None

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